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(2012) Evaluating philosophies, Dordrecht, Springer.
The Business Failure Record yearbook shows that about two-thirds of all new American business firms last less than 5 years. And economic historians know that, ever since the Dutch Tulip Bubble of 1637, the economies of all the capitalist nations have failed spectacularly every so often, sometimes dragging down other nations, as happened notably in 1929,1987, and 2008.
Publication details
DOI: 10.1007/978-94-007-4408-0_8
Full citation:
Bunge, M. (2012). Can standard economic theory account for crises?, in Evaluating philosophies, Dordrecht, Springer, pp. 77-82.
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